Australian producers will have new and better access to markets with a combined GDP of $13.7 trillion including three of our top 10 agricultural trade markets – Japan, Vietnam and New Zealand.

The signing of the TPP-11 would provide preferential access for more than $5.5 billion of Australia’s dutiable agricultural exports.

Minister for Agriculture and Water Resources David Littleproud said the trade deal would have an immediate benefit for exporters and create brand new opportunities into two new markets – Canada and Mexico.

“My department is supporting industry’s efforts to improve sheep meat export arrangements to Mexico, to capitalise on Mexico’s elimination of tariffs on sheep meat within 8 years of entry into force.”

Agreement to eliminate more than 98 percent of tariffs

Into Japan Australia is seeking to regain access for blueberries and improve market access for other horticulture commodities, including mangoes.

Mr Littleproud said work is ongoing to establish technical market access for Australian beef exports to Peru to take advantage of market access outcomes from both the TPP-11 and the Peru-Australia Free Trade Agreement.

The Agreement will eliminate more than 98 percent of tariffs in the free trade area.